RSI Bollinger Bands EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Idea from : rapist .
MQL5 code by : Vladimir Karputov .
The program must trigger to display a comparison of alternative methods of determining OB/OS.
As can be seen from the two strategy test reports attached below, Trigger No. 2 (via the Bollinger Bands method) has shown good results and outperformed Trigger No. 1 over a testing period of more than 11 years. Additionally, trigger #2 worked more evenly over the 11 years on the M15 than trigger #1, with much less discrete results.
Attachment download
📎 rsi_bollinger_bands_ea.mq5 (72.37 KB)
Source: MQL5 #20705
RSI Bollinger Bands EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
RSI Bollinger Bands EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources belong to MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •